Orca Gold (ORG) has notable insider buying

Orca Gold (V:ORG)

Orca Gold Inc. (ORG) has a high amount of executive buying compared to its small-cap peers over the past three months. Richard Peter Clark, CEO and Director, acquired 113,000 Common Shares on a direct ownership basis at a price of $0.562 through the public market on October 3rd, 2017. This represents a $63,461 investment into the company's shares and an account share holdings change of 1.8%.

Orca Gold Inc. is a junior exploration-stage company. The Company is focused on the acquisition and exploration of mineral properties in Africa. Its exploration focus is on the Arabian Nubian Shield in the north of Sudan, where it holds the Block 14 prospecting license. Its property is located close to the Egyptian border, approximately 700 kilometers north of Khartoum and over 300 Kilometers west of the Red Sea. The Company operates through the acquisition and exploration of mineral resources in the Republic of Sudan segment. Its NI 43-101 compliant mineral resource estimate at Block 14 consists of over 27.6 million tons (Mt) at approximately 1.83 gold (Au) grams per ton (g/t) for over 1,625,000 ounces of gold and an inferred resource of approximately 10.3 Mt at over 1.8 Au g/t for approximately 594,000 ounces of gold. In Block 14, it is focused on the Galat Sufar South prospect, which includes over three mineralized zones: the Main Zone, the Eastern Zone and the Far East Zone.